I Usually Like Russ
But unfortunately I think he’s wrong on his opposition to the financial services reform bill, and his efforts will probably make a bad bill worse. Or dead. No it’s not strong enough. Yes it does pander to Wall Street. But doing nothing, or holding up reform all together, panders more.
The Civil Rights Act of 1964 was light on enforcement as originally passed. But it got better. And as a result schools desegregated, voting polls opened, and business could no longer refuse service on the basis of race. And while racism remains a persistent, insidious, almost intransigent force in American culture, imagine life without the Civil Rights Act?
That’s where we are with financial services reform. It’s where we were with health care. No, these stabs at reform do not fix the greed and corruption in both the insurance and the financial services industries. I’m quite certain nothing will. But yes, something is better than nothing.
So, with all due respects Sen. Feingold, I leave you with this. From the impeccable Warren Haynes:


